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Nobel Resources (Nobel Resources) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 19, 2024)


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What is Nobel Resources 5-Year Yield-on-Cost %?

Nobel Resources's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


The historical rank and industry rank for Nobel Resources's 5-Year Yield-on-Cost % or its related term are showing as below:



NBTRF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.18
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Nobel Resources's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, Nobel Resources's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nobel Resources's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nobel Resources's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Nobel Resources's 5-Year Yield-on-Cost % falls into.



Nobel Resources 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Nobel Resources is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Nobel Resources  (OTCPK:NBTRF) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Nobel Resources 5-Year Yield-on-Cost % Related Terms

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Nobel Resources (Nobel Resources) Business Description

Traded in Other Exchanges
Address
36 Lombard Street, Floor 4, Toronto, ON, CAN, M5C 2X3
Nobel Resources Corp is a mineral exploration and development company. It holds interests in the La Salvadora Property, Chile and Algarrobo Project, located in the coastal IOCG (Iron, Oxide, Copper, Gold) belt in northern Chile. Geographically, the company operates in Chile and Canada.

Nobel Resources (Nobel Resources) Headlines

From GuruFocus

Nobel Engages Generation IACP Inc. For Market Making Services

By GlobeNewswire GlobeNewswire 03-22-2022

Nobel Announces Change to Board of Directors

By GlobeNewswire GlobeNewswire 04-14-2023